Microsoft Teams Adds 475% Daily Active Users In About A Year

Microsoft Corporation’s MSFT workplace collaboration software, called "Teams," has 115 million daily active users (DAUs) as of 2021 first quarter's end, CEO Satya Nadella revealed in an earnings call Tuesday, as earlier reported by GeekWire.

What Happened: This is a 53.3% growth from April — when Microsoft Teams reported having 75 million DAUs, and 161.3% since March — when the technology giant reported having 44 million DAUs for the service.

In November 2019, Microsoft Teams had reported about 20 million daily active users, suggesting a growth of 475%.

Microsoft Teams was launched in 2016 and inched its way to 13 million DAUs in July 2019. Last week, there were reports that Microsoft sales teams were instructed to increase pitches to existing customers and promote its Dynamics 365 products. Additionally, Microsoft's recent feature launches and updates make its collaboration software much more lucrative for professionals working remotely.

In September, a guided meditation process was introduced in partnership with Headspace. A “Together Mode” feature, launched in July, depicts video call participants in a common virtual space instead of the traditional grid layouts. 

An upcoming feature, allowing users to create Adhoc breakout rooms is expected sometime next month, according to GeekWire.

In August, the tech giant released notes to integrate Microsoft Teams with consumer engagement apps in the Dynamics 365 suite.

Why Does It Matter: The pandemic outbreak and lockdown measures have forced the adoption of remote collaboration tools. Microsoft’s bundled package which combines Microsoft 365 and Teams, competes with the likes of Zoom Video Communications Inc ZM and Slack Technologies Inc WORK.

In July, Slack approached the European Commission for relief against Microsoft's business practices, citing that the trillion-dollar tech titan has an unfair competitive advantage. Slack’s General Counsel David Schellhase commented, “Microsoft is reverting to past behavior. They created a weak, copycat product and tied it to their dominant Office product, force installing it and blocking its removal, a carbon copy of their illegal behavior during the ‘browser wars."

Microsoft reported strong growth for the first quarter of the fiscal year 2021 on Tuesday, with sales of $37.2 billion and an EPS of $1.82.

Price Action: After a 1.51% surge during Tuesday’s trading session, MSFT dipped 1.66% to close at $209.70 during after-hours.

Posted In: Microsoft Teamsremote workingSatya Nadellawork from home stocksNewsRetail SalesTech

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.